---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-042469"
form_type: "8-K"
ticker: "DYNC"
cik: "0002028699"
company_name: "Dynamix Corp"
filed_at: "2026-04-10T23:59:59+00:00"
generated_at: "2026-05-15T06:43:39.087935+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dynamix terminates Ether Machine merger; receives $50M termination fee

## Summary
- Dynamix Corporation terminated its Business Combination Agreement with The Ether Machine, Inc. dated July 21, 2025.
- Payor to pay Dynamix $50,000,000 within 15 days of April 8, 2026 as consideration for the termination.
- Dynamix has until November 22, 2026 to complete a new initial business combination or will redeem public shares and liquidate.
- Termination Agreement includes mutual releases, non-disparagement covenants, and indemnification provisions for certain claims.
- The failed merger leaves Dynamix as a SPAC seeking an alternative target within the allowed time frame.

## SEC filing metadata
- accession: 0001213900-26-042469
- form_type: 8-K
- ticker: DYNC
- cik: 0002028699
- company_name: Dynamix Corp
- filed_at: 2026-04-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2028699/000121390026042469/0001213900-26-042469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2028699/000121390026042469/ea0285701-8k_dynamix.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-042469
- JSON: https://secwatch.observer/filing/0001213900-26-042469.json
- Plain text: https://secwatch.observer/filing/0001213900-26-042469.txt

## Source-grounded claims
- claim_id: 05b92f31c5adeaf6a45e1fd8534e311ac22d6b33
  claim: Dynamix Corp entered into Termination Agreement with Dynamix Corporation, The Ether Machine, Inc., ETH SPAC Merger Sub Ltd., The Ether Reserve LLC, Ethos Sub 1, Inc., Ethos Sub 2, Inc., Ethos Sub 3, Inc., ETH Partners LLC, DynamixCore Holdings, LLC, and the party named on Annex A valued at $50,000,000 (effective 2026-04-08).
  evidence_excerpt: Pursuant to the Termination Agreement, the Payor is required to pay Dynamix $50,000,000 within 15 days of the Effective Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/2028699/000121390026042469/0001213900-26-042469-index.htm
- claim_id: 666ee26faa3477069745dfe4509ea48d60053c9c
  claim: Dynamix Corp terminated Business Combination Agreement with The Ether Machine, Inc., ETH SPAC Merger Sub Ltd., The Ether Reserve LLC, Ethos Sub 1, Inc., Ethos Sub 2, Inc., Ethos Sub 3, Inc., ETH Partners LLC, DynamixCore Holdings, LLC (effective 2026-04-08).
  evidence_excerpt: On April 8, 2026 (the “Effective Date”), Dynamix Corporation, a Cayman Islands exempted company (“Dynamix”), The Ether Machine, Inc., a Delaware corporation (“Pubco”), ETH SPAC Merger Sub Ltd., a Cayman Islands exempted company (“SPAC Merger Sub”), The Ether Reserve LLC, a Delaware limited liability company (the “Company”), Ethos Sub 1, Inc., a Delaware corporation and a wholly owned subsidiary of SPAC (“SPAC Subsidiary A”), Ethos Sub 2, Inc., a Delaware corporation and a wholly owned subsidiary of SPAC Subsidiary A (“SPAC Subsidiary B”), Ethos Sub 3, Inc., a Delaware corporation and a wholly owned subsidiary of SPAC Subsidiary B (“Company Merger Sub” and, together with SPAC Subsidiary A and SPAC Subsidiary B, the “SPAC Subsidiaries” and each, a “SPAC Subsidiary”), ETH Partners LLC, a Delaware limited liability company (the “Seller”), DynamixCore Holdings, LLC, a Delaware limited liability company (the “Sponsor”), and the party named on Annex A thereto (the “Payor”), entered into a Ter
  evidence_url: https://www.sec.gov/Archives/edgar/data/2028699/000121390026042469/0001213900-26-042469-index.htm
- claim_id: 89c8686e686eef3e447eda0a94c65d8790b97107
  claim: Dynamix Corp terminated Sponsor Support Agreement with DynamixCore Holdings, LLC, Dynamix Corporation, The Ether Machine, Inc. (effective 2026-04-08).
  evidence_excerpt: (ii) the Sponsor Support Agreement, dated as of July 21, 2025, by and among the Sponsor, Dynamix and Pubco (the “Sponsor Support Agreement”), in each case pursuant to the terms of the Termination Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/2028699/000121390026042469/0001213900-26-042469-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.